Gritstone Asset Management 13F annual report
Gritstone Asset Management is an investment fund managing more than $76 billion ran by Nicholas Skibo. There are currently 45 companies in Mr. Skibo’s portfolio. The largest investments include Ares Acquisition Corp Ii and Nabors Energy Transition Cor, together worth $13.8 billion.
$76 billion Assets Under Management (AUM)
As of 13th October 2023, Gritstone Asset Management’s top holding is 995,042 shares of Ares Acquisition Corp Ii currently worth over $10.2 billion and making up 13.5% of the portfolio value.
In addition, the fund holds 349,998 shares of Nabors Energy Transition Cor worth $3.56 billion.
The third-largest holding is Israel Acquisitions Corp worth $3.15 billion and the next is Eve Mobility Acquisition Cor worth $2.66 billion, with 249,261 shares owned.
Currently, Gritstone Asset Management's portfolio is worth at least $76 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Gritstone Asset Management
The Gritstone Asset Management office and employees reside in Bethesda, Maryland. According to the last 13-F report filed with the SEC, Nicholas Skibo serves as the Managing Partner at Gritstone Asset Management.
Recent trades
In the most recent 13F filing, Gritstone Asset Management revealed that it had opened a new position in
Ares Acquisition Corp Ii and bought 995,042 shares worth $10.2 billion.
The investment fund also strengthened its position in Eve Mobility Acquisition Cor by buying
99,261 additional shares.
This makes their stake in Eve Mobility Acquisition Cor total 249,261 shares worth $2.66 billion.
On the other hand, there are companies that Gritstone Asset Management is getting rid of from its portfolio.
Gritstone Asset Management closed its position in Elliott Opportunity Ii Corp on 20th October 2023.
It sold the previously owned 200,000 shares for $2.05 billion.
Nicholas Skibo also disclosed a decreased stake in Investcorp India Acquistn Co by approximately 0.1%.
This leaves the value of the investment at $2.26 billion and 209,164 shares.
One of the smallest hedge funds
The two most similar investment funds to Gritstone Asset Management are Lasry Marc and Lazard Asset Management. They manage $75.8 billion and $75.8 billion respectively.
Nicholas Skibo investment strategy
Gritstone Asset Management’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Miscellaneous — making up 7.7% of
the total portfolio value.
The fund focuses on investments in the United States as
4.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
13% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $127 million.
The complete list of Gritstone Asset Management trades based on 13F SEC filings
These positions were updated on October 20th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ares Acquisition Corp Ii |
Opened
995,042
|
$10,219,082,000 | 13.45% |
| Nabors Energy Transition Cor |
Opened
349,998
|
$3,562,979,000 | 4.69% |
| Israel Acquisitions Corp |
Opened
298,524
|
$3,150,921,000 | 4.15% |
| Eve Mobility Acquisition Cor |
66.17%
249,261
|
$2,662,108,000 | 3.50% |
| Bluescape Opportunities Acqu |
44.04%
252,063
|
$2,528,192,000 | 3.33% |
| Acropolis Infrastructure Acq |
618.39%
241,076
|
$2,478,262,000 | 3.26% |
| Cartesian Growth Corp Ii |
163.44%
223,925
|
$2,431,826,000 | 3.20% |
| Silverbox Corp Iii |
Opened
223,893
|
$2,290,426,000 | 3.02% |
| Investcorp India Acquistn Co |
0.40%
209,164
|
$2,261,063,000 | 2.98% |
| Haymaker Acquisition Corp Iv |
Opened
213,988
|
$2,176,258,000 | 2.87% |
| Sk Growth Opportunities Corp |
6.02%
199,316
|
$2,142,648,000 | 2.82% |
| Elliott Opportunity Ii Corp |
Closed
200,000
|
$2,049,000,000 | |
| Alchemy Invts Acquisitn Corp |
Opened
195,000
|
$2,014,350,000 | 2.65% |
| Enphys Acquisition Corp. |
271.32%
185,659
|
$1,949,420,000 | 2.57% |
| Ares Acquisition Corporation |
0.58%
179,498
|
$1,931,398,000 | 2.54% |
| Spring Valley Acquistn Corp |
Opened
178,581
|
$1,921,532,000 | 2.53% |
| Sculptor Acquisition Corp I |
Closed
175,682
|
$1,834,120,000 | |
| Tpg Pace Beneficial Ii Corp |
Closed
183,776
|
$1,832,265,000 | |
| Forbion European Acqustn Cor |
0.53%
151,797
|
$1,663,695,000 | 2.19% |
| Shuaa Partners Acquistn Corp |
0.49%
149,261
|
$1,656,797,000 | 2.18% |
| Bellevue Life Scncs Aqstn Co |
0.50%
154,268
|
$1,604,387,000 | 2.11% |
| Infinite Acquisition Corp. |
0.49%
147,769
|
$1,589,994,000 | 2.09% |
| Inflection Pt Acquisitn Crp |
Opened
154,998
|
$1,583,832,000 | 2.09% |
| Mars Acquisition Corp |
0.50%
149,255
|
$1,565,685,000 | 2.06% |
| Apollo Strategic Grwt Cptl I |
0.55%
148,416
|
$1,559,852,000 | 2.05% |
| SDCL EDGE Acquisition Corp |
Opened
145,267
|
$1,539,830,000 | 2.03% |
| Esh Acquisition Corp |
Opened
149,600
|
$1,513,952,000 | 1.99% |
| Investcorp Europe Acquisitio |
No change
138,194
|
$1,503,551,000 | 1.98% |
| Tortoiseecofin Acquisition C |
Opened
142,265
|
$1,490,938,000 | 1.96% |
| Meli Kaszek Pioneer Corp |
Closed
140,000
|
$1,428,014,000 | |
| Churchill Capital Corp VII |
0.46%
135,234
|
$1,413,195,000 | 1.86% |
| Kimbell Tiger Acquisition Corporation |
Closed
127,824
|
$1,345,987,000 | |
| Panacea Acquisition Corp Ii |
Closed
130,000
|
$1,328,600,000 | |
| Motive Capital Corp II |
Closed
125,678
|
$1,311,450,000 | |
| Portage Fintech Acquisitn Co |
Opened
123,981
|
$1,296,841,000 | 1.71% |
| C5 Acquisition Corporation |
0.09%
114,693
|
$1,258,182,000 | 1.66% |
| Live Oak Crestview Climate A |
416.96%
120,364
|
$1,243,360,000 | 1.64% |
| Vector Acquisition Corp Ii |
0.56%
111,082
|
$1,153,031,000 | 1.52% |
| Cf Acquisition Corp Iv |
No change
107,890
|
$1,150,108,000 | 1.51% |
| Churchill Capital Corp VI |
No change
106,850
|
$1,116,583,000 | 1.47% |
| Ciig Capital Partners Ii Inc |
Closed
107,320
|
$1,116,128,000 | |
| G Squared Ascend Ii Inc |
Closed
107,538
|
$1,115,169,000 | |
| Forum Merger Iv Corp |
Closed
108,064
|
$1,096,850,000 | |
| Uta Acquisition Corporation |
Closed
98,752
|
$1,028,008,000 | |
| Target Global Acquisi I Corp |
0.18%
91,930
|
$997,533,000 | 1.31% |
| Global Technolgy Acqstn Corp |
Closed
95,000
|
$993,700,000 | |
| Blue Whale Acquisition Corp |
Closed
99,600
|
$990,024,000 | |
| Iconic Sports Acquisition Corp. |
No change
87,218
|
$942,827,000 | 1.24% |
| Zimmer Energy Transition Acq |
Closed
90,804
|
$919,845,000 | |
| Tcv Acquisition Corp |
Closed
89,815
|
$919,706,000 | |
| AltC Acquisition Corp. |
Closed
81,959
|
$831,884,000 | |
| Compass Digital Acquisitn Co |
Opened
78,148
|
$823,680,000 | 1.08% |
| Healthcare Ai Acquisition Co |
Closed
76,000
|
$792,680,000 | |
| Jaws Mustang Acquisition Cor |
0.73%
67,120
|
$720,876,000 | 0.95% |
| Excelfin Acquisition Corp |
Closed
65,000
|
$675,350,000 | |
| Afternext Healthtech Acquisi |
Closed
63,000
|
$643,860,000 | |
| Anzu Special Acquisitin Corp |
Closed
62,877
|
$631,914,000 | |
| Pyrophyte Acquisition Corp. |
20.87%
54,998
|
$600,028,000 | 0.79% |
| Keen Vision Acquisition Corp |
Opened
50,000
|
$508,500,000 | 0.67% |
| Da32 Life Scnce Tec Acqstn C |
Closed
48,938
|
$495,253,000 | |
| Concord Acquisition Corp Ii |
Opened
44,824
|
$460,791,000 | 0.61% |
| Power & Digital Infrastructu |
0.49%
38,077
|
$403,616,000 | 0.53% |
| Phoenix Biotech Acquisition |
Closed
34,026
|
$363,398,000 | |
| Esgen Acquisition Corp |
No change
24,431
|
$272,650,000 | 0.36% |
| KnightSwan Acquisition Corp |
Opened
25,000
|
$262,625,000 | 0.35% |
| Alpha Partners Tech Mergr Co |
Opened
17,260
|
$182,266,000 | 0.24% |
| Orion Biotech Opportuntes Co |
Closed
16,330
|
$167,056,000 | |
| New Providence Acqsitn Corp |
Closed
15,420
|
$160,368,000 | |
| Bowen Acquisition Corp |
Opened
15,000
|
$153,000,000 | 0.20% |
| No transactions found | |||
| Showing first 500 out of 69 holdings | |||
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